Google said it has launched an AI game on Tencent's social media app WeChat, as the company continues to show tentative signs of re-entering China’s consumer market.
Discounter Pinduoduo plans to raise up to $1.63 billion from a U.S. listing, its latest filing with the U.S. Securities and Exchange showed, in what would be the second-biggest U.S. float by a Chinese firm this year.
CMC Inc said that it had raised around 10 billion yuan ($1.49 billion) in a fund-raising round from investors including rival tech giants Alibaba Group Holding Ltd and Tencent Holdings Ltd.
Share issues by Tencent and Foxconn helped global technology stocks buck the generally weaker trend for capital raising from equity markets in the first half of 2018.
Lippo Group said it had invested 628 billion rupiah ($44.35 million) in Chinese internet giant Tencent Holdings Ltd through shares and equity-linked notes.
China’s Meituan-Dianping, an online food delivery-to-ticketing services platform, filed for a Hong Kong IPO on Monday, an offering that aims to raise more than $4 billion.
Naspers plans to deploy its $8.2 billion war chest to step up growth in its e-commerce ventures, its CEO said, part of a push to cut the company’s dependence on its Chinese money spinner Tencent.
Carrefour boss told shareholders that new alliances with tech giants Google and China’s Tencent showed the French retailer’s e-commerce offensive was making an impact.
Kuaishou, backed by internet giant Tencent, has bought animation and video platform AcFun, amid an intensifying battle over online content.
Carrefour, which opened its first high-tech store in Shanghai last month in partnership with tech giant Tencent, sees China as the ideal location to develop new methods for attracting shoppers.